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Small Industries Development Bank Of ... vs M/S Sibco Investment Pvt. Ltd. on 3 January, 2022

34. It was submitted that the directions issued by RBI have statutory force as held by the Apex Court in case of Small Industries Development Bank of India v. SIBCO Investment Pvt. Ltd. reported in 2022 SC OnLine SC 5 wherein the Apex Court has held that when the legality of RBI notification is not under challenge, relief cannot be granted without determining its legality.
Supreme Court of India Cites 34 - Cited by 2 - H Roy - Full Document

Gorkha Security Services vs Govt. Of Nct Of Delhi & Ors on 4 August, 2014

"(13.) The next question that arises is whether an oral hearing is required under the Revised Circular dated 01.07.2015. We have already seen that the said Circular makes a departure from the earlier Master Circular in that an oral hearing may only be given by the First Committee at the first stage if it is so found necessary. Given the scheme of the Revised Circular, it is difficult to state that oral hearing is mandatory. It is even more difficult to state that in all cases oral hearings must be given, or else the principles of natural justice are breached. A number of judgments have held that natural justice is a flexible tool that is used in order that a person or authority arrive at a just result. Such result can be arrived at in many cases without oral hearing but on written representations given by parties, after considering which, a decision is then arrived at. Indeed, in a recent judgment in Gorkha Security Services v. Govt. (NCT of Delhi) and Ors., (2014) 9 SCC 105, this Court has held, in a blacklisting case, that where serious consequences ensue, once a show cause notice is issued and opportunity to reply is afforded, natural justice is satisfied and it is not necessary to give oral hearing in such cases."
Supreme Court of India Cites 9 - Cited by 636 - A K Sikri - Full Document
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